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  Brasília / AFP   Brazil’s Supreme Court dealt a new blow to embattled President Dilma Rousseff, postponing a decision on whether to let her influential predecessor, Luiz Inacio Lula da Silva, join her government. The latest delay on Wednesday leaves Lula, who was named chief of staff last month, in limbo while Rousseff’s own job hangs by a thread, ...

  Dubai / WAM Vice President and Prime Minister of UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, attended the official launch of the Abdullah Al Ghurair Foundation for Education, one of the largest privately funded philanthropic education initiatives in the world on Wednesday. The event included a signing ceremony with leading universities, Khalifa University, American ...

  Riyadh / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, on Wednesday met Saudi Deputy Crown Prince Mohammed bin Salman bin Abdulaziz, Second Deputy Premier and Minister of Defence. During the meeting, they discussed fraternal relations and ways to enhance them between the two countries. ...

  Abu Dhabi / WAM Bloomberg and Abu Dhabi Global Market (ADGM), the world’s newest international financial centre have signed an exclusive launch of partnership leveraging Bloomberg’s new regionalised editorial platforms. The partnership aims to widen the understanding of the business landscapes in the Middle East region across these new platforms, including a dedicated digital destination, original television programming and a ...

  Sunaina Rana / Emirates Business Latest Innovation trends and maintenance cycles have taken the center-stage at the ongoing GCC Plant Maintenance and Reliability Conference (Maintrel 2016) in Dubai. The event focused on the significance of reducing the overall operating costs, while boosting the productivity of the plants. The conference showcased the industries’ commitment towards nurturing a sustainable environment in ...

  Beijing / Bloomberg Mitsubishi Motors Corp. admitted to manipulating test data involving 625,000 vehicles in order to improve fuel-economy claims. The affected models include those supplied to Nissan Motor Co., which discovered the manipulation, according to a statement by Mitsubishi Motors. The two companies are discussing compensation and Mitsubishi is also checking whether the cheating affected overseas models. Mitsubishi ...

  Bloomberg U.K. unemployment rose for the first time in seven months and employers added far fewer jobs than forecast, suggesting the labor market is cooling. The number of people looking for work climbed by 21,000 to 1.7 million in the three months through February, the Office for National Statistics in London said on Wednesday. That left the jobless rate ...

  Bloomberg Argentina’s blockbuster $16.5 billion bond sale is opening up the floodgates for junk-rated issuers in developing countries. The Latin American country’s return to global capital markets for the first time since its 2001 default brought high-yield issuance from emerging markets to $18 billion this week. That’s more than the previous 11 weeks combined, and money managers from Aviva ...

  Riyadh / AFP US President Barack Obama arrived in Saudi Arabia for a two-day visit on Wednesday hoping to ease tensions with Riyadh and intensify the fight against extremists. He also seeks to focus discussions on efforts to end wars in Syria and Yemen. Dressed in a grey suit, Obama emerged at 1:14 pmand descended the steps of Air ...

  New York / AFP Billionaire Donald Trump and former secretary of state Hillary Clinton won sweeping victories in the New York primary, bolstering their bids to secure the Republican and Democratic nominations for the White House. It was the most decisive New York primary in decades and leaves self-styled democratic socialist Bernie Sanders with a tough decision on how ...